NOT LISTED FOR SALE

1 Lee Way Rockport, MA 01966

Estimated Value: $1,049,000 - $1,302,000

4 Beds
4 Baths
1,793 Sq Ft
$659/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2019

Last sale price $820,000 $457 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,933 / mo

55 Days on Market

Highlights

  • Ocean View
  • Deck
  • Patio
  • Guest House
  • Pine Flooring
  • Garden

About This Home

As of October 2019

Live like you're on vacation all year long in this stunning, contemporary renovation of two properties on one lot - in an estate-like, hillside setting in Rockport's charming South End! Close to beaches & coastal walking routes, & just over a mile to downtown w/ easy access to Gloucester.The main house offers single level living, an open floor plan with cathedral ceilings, wood floors, & gas fireplace, an elegant kitchen w adjacent pantry & laundry, and provides the perfect indoor/outdoor entertaining space, with wrap-around deck & patio, with peaks of Twin Lights and the Atlantic. Three bedrooms including a master en suite w/ private deck. Upscale finishes & abundant sunlight throughout. Set amidst granite outcroppings with beautiful gardens & multiple outdoor sitting areas. PLUS A SEPARATE, LEGAL & RENTABLE ONE BEDROOM YEAR ROUND COTTAGE WITH PLENTY OF PARKING, & ITS OWN ELECTRIC & PROPANE! Rent one property or both, seasonally or weekly! Shown by Appointment Only.

Last Agent to Sell the Property

Gretchen Parker

Listed on: 06/13/2019

Last Buyer's Agent

Felicia Trupiano

J. Barrett & Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Year Round Access
  • Garden
  • Property is zoned R1

Interior Spaces

  • Window Screens
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Pine Flooring
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Storage Shed
  • Rain Gutters

Additional Homes

  • Guest House

Utilities

  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Heating System Uses Oil
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0.53 Acres

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Contemporary, Ranch
  • Other Agent: 1.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 490.24
  • Comp Based On: Net Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Pine
  • Interior Amenities: Cable Available
  • Appliances: Wall Oven, Dishwasher, Microwave, Countertop Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: First Floor, Dimension: 16X14, Bathroom - Full, Flooring - Wood, Deck - Exterior, Exterior Access, Closet - Double
  • Bedroom 2: On Level: First Floor, Dimension: 9X16, Closet, Flooring - Wood
  • Bedroom 3: On Level: First Floor, Dimension: 11X16, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 5X4, Bathroom - Half, Remodeled
  • Bathroom 2: On Level: First Floor, Dimension: 6X4, Bathroom - 3/4, Flooring - Stone/Ceramic Tile, Remodeled
  • Bathroom 3: On Level: First Floor, Dimension: 4X8, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Remodeled
  • No Rooms: 7
  • Dining Room: On Level: First Floor, Dimension: 16X12, Ceiling - Cathedral, Ceiling - Beamed, Flooring - Wood, Window(s) - Picture, Deck - Exterior, Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 14X11, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances, Lighting - Overhead
  • Laundry: On Level: First Floor, Dimension: 5X6
  • Living Room: On Level: First Floor, Dimension: 16X14, Fireplace, Ceiling - Cathedral, Ceiling - Beamed, Flooring - Wood, Window(s) - Picture, Deck - Exterior, Exterior Access, Open Floor Plan, Slider
  • Other Room 1: Name: Other, On Level: First Floor, Dimension: 20X22, Bathroom - 3/4, Fireplace, Ceiling Fan(s), Countertops - Upgraded, Kitchen Island, Cable Hookup, Dryer Hookup - Dual, Remodeled, Washer Hookup, Lighting - Overhead
  • Main Lo: K95001
  • Main So: C95243
  • Estimated Sq Ft: 1793.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Frontage: 149.00
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Deck, Patio, Gutters, Storage Shed, Screens, Garden Area, Guest House
  • Foundation: Fieldstone
  • Insulation Feature: Fiberglass

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 7

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heating: Hot Water Baseboard, Electric Baseboard, Oil
  • Heat Zones: 4
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Walk/Jog Trails, Stables, Golf Course, Public School

Lot Info

  • Assessments: 553800.00
  • Lot: 22
  • Acre: 0.53
  • Lot Size: 22978.00
  • Page: 568
  • Zoning: R1
  • Lot Description: Paved Drive, Easements, Shared Drive, Sloping, Scenic View(s)

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 5460.00
  • Assessor Parcel Number: 2120515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Oct 1, 2019
Sold by
Fallon Susan and Fallon Timothy
Bought by
Thornton Pamela J
Seller's Agent
Gretchen Parker
Buyer's Agent
Felicia Trupiano
J. Barrett & Company
List Price
$879,000
Sold Price
$820,000
Premium/Discount to List
-$59,000
-6.71%
Current Estimated Value
$1,181,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,265
Avg. Annual Appreciation
5.75%
Original Mortgage
$656,000
Outstanding Balance
$565,724
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$615,541

Purchase Details

Listed on
Jul 12, 2018
Closed on
Dec 14, 2018
Sold by
Shea
Bought by
Fallon Susan and Fallon Timothy
Seller's Agent
Paula Murphy
Coldwell Banker Realty - Manchester
Buyer's Agent
Gretchen Parker
List Price
$559,000
Sold Price
$525,000
Premium/Discount to List
-$34,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.22%
Original Mortgage
$420,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
Shea Michael C and Shea Janice K
Bought by
Shea

Purchase Details

Closed on
Jan 26, 2015
Sold by
Hollis Rt and Shea
Bought by
Shea Michael and Shea Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 1985
Bought by
Shea Michael C and Shea Janice K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thornton Pamela J $820,000 --
Thornton Pamela J $820,000 --
Thornton Pamela J $820,000 --
Thornton Pamela J $820,000 --
Fallon Susan $525,000 --
Fallon Susan $525,000 --
Fallon Susan $525,000 --
Shea -- --
Shea -- --
Shea -- --
Shea Michael -- --
Shea Michael C -- --
Shea Michael C $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Pamela J $656,000
Closed Thornton Pamela J $656,000
Previous Owner Fallon Susan $420,000
Previous Owner Shea Michael C $200,000
Previous Owner Shea Michael C $40,000
Previous Owner Shea Michael C $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2019 10/07/19 Sold $820,000 -6.7% $457 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $879,000 +67.4% $490 / Sq Ft
01/08/2019 01/08/19 Sold $525,000 -6.1% $400 / Sq Ft View Prior Sale
12/06/2018 12/06/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $559,000 +6.5% $426 / Sq Ft
11/29/2018 11/29/18 Off Market $525,000 -- --
11/26/2018 11/26/18 Pending -- -- --
10/28/2018 10/28/18 Price Changed $559,000 -6.7% $426 / Sq Ft
09/24/2018 09/24/18 Price Changed $599,000 -4.1% $456 / Sq Ft
09/06/2018 09/06/18 Price Changed $624,900 -4.6% $476 / Sq Ft
08/31/2018 08/31/18 For Sale $654,900 0.0% $499 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/01/2018 08/01/18 Price Changed $654,900 -0.8% $499 / Sq Ft
07/12/2018 07/12/18 For Sale $659,900 -- $503 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,052 $919,200 $370,300 $548,900
2024 $7,597 $902,200 $353,300 $548,900
2023 $7,403 $785,100 $326,600 $458,500
2022 $7,512 $765,000 $327,800 $437,200
2021 $7,192 $738,400 $312,200 $426,200
2020 $5,859 $580,100 $310,800 $269,300
2019 $5,460 $553,800 $307,900 $245,900
2018 $5,326 $526,800 $294,500 $232,300
2017 $5,226 $463,300 $267,100 $196,200
2016 $5,160 $458,700 $259,600 $199,100
2015 $5,006 $455,100 $259,600 $195,500
2014 $4,749 $421,400 $236,000 $185,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72518099

MLS Property Information Network (MLS PIN)

APN: ROCK-000027-000000-000022

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